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"Trump's criticism of the CHIPS Act comes as the bill has faced delays and difficulties in implementing its goals. Heritage Foundation tech policy researcher Wesley Hodges has said that the act's sales pitch was twofold, to protect American strategic interests and to bring manufacturing back to the United States. However, Hodges also stated that the act has not lived up to its promises, with multiple projects facing difficulties and allegations of inside dealings and catering to Wall Street interests. Trump has argued that the administration can use tariffs to force companies to manufacture in the United States, citing the example of Taiwan Semiconductor, which is investing $165 billion in a new plant in the US."
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